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Compensation Operations Finance Specialist

3 weeks ago


Singapore beBeeAccounting Full time $60,000 - $100,000
Job Summary

We are seeking a highly skilled professional to join our team as a Finance Compensation Operations Specialist.

  • Responsible for end-to-end Distribution Compensation processing and accounting, including fortnightly/monthly closing to ensure timely, accurate payment, posting, and reconciliation.
  • Manage General Ledger closing activities, including monthly/yearly provisions, amortization, and schedules in line with accounting guidelines.
  • Support review and dissemination of channel reports within set timelines, and validate customer campaign compensation.
  • Maintain accounting rules for Policy Systems and related auxiliary systems.
  • Prepare and post journals for manual processing and payments; handle reconciliations and audit schedules related to distribution compensation.
  • Support internal, external, regulatory, and SOX audits, ensuring compliance and documentation integrity.
  • Maintain process flows, SOP documentation, and business provisions monitoring for distribution compensation.
  • Administer deferred/long-term incentive schemes, recurring/deferred financial arrangements, and self-billing for GST-registered agents.
  • Provide oversight of end-to-end compensation processing, settlement of distribution channel invoices, and credit control for recovery of dues.
  • Act as key support for distribution compensation projects, enhancements, and initiatives, including UAT, business requirements, and issue troubleshooting.
  • Support BAU processing, respond to Finance Compensation Operations queries, and contribute to company-wide initiatives/projects relating to distribution compensation.
Requirements
  • Minimum Degree in a related discipline
  • Minimum 3 years of relevant accounting duties
  • Able to start immediately or within short notice

Interested candidates should email their detailed resumes in MS word format to amiable attention seeker.

About This Role

This role requires strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills. If you are a motivated and detail-oriented individual who is passionate about finance and operations, we encourage you to apply.

Benefits

This role offers a competitive salary and benefits package, including opportunities for career growth and development.